Tag: Financial Technology

Visa tops earnings expectations, boosts dividend

Visa Inc. topped earnings expectations for its latest quarter but shares dipped 2.7% in the aftermarket session as the company issued a revenue outlook that struck one analyst as conservative. Results from the payments giant continued to reflect a spending rebound, with Chief Financial Officer Vasant Prabhu highlighting healthy domestic spending and a “faster-than-anticipated recovery […]

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An Ether futures ETF is next likely step after ProShares watershed bitcoin moment, a former SEC official explains

Hi there! Welcome to the fourth and final installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. […]

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Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There […]

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Coinbase’s stock heads to best day in over 2 months as BTIG reaffirms bullish call, crypto prices climb

Crypto exchange Coinbase is seeing its stock price surge on Thursday as BTIG analyst Mark Palmer reiterated his buy rating for the company and held its price target at $500. Palmer reaffirmed his bullish view of the company after Coinbase Global Inc. COIN, +5.36%, the U.S.’s largest crypto exchange, announced that it was working on launching a platform […]

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